Solar Financing Startup Aerem Raises $5 Million in Equity Plus Debt Round Updated On Thu, Mar 16th, 2023 by Saurenergy Solar financing platform Aerem has raised $5 million in Pre-Series A round led by climate-tech investor Avaana Capital. The round also saw follow-on participation from Blume Ventures and it includes debt financing of $1.5 million from financial institutions. Financing has been a key issue seen to impact uptake of solar in the MSME segment, and […] Read more
USA’s Avangrid Developing Over 500 MW Solar Farms in Texas & Ohio Updated On Thu, Mar 16th, 2023 by Saurenergy Renewable energy firm Avangrid, continues to strengthen its presence in the renewable energy industry of the USA with two new solar farms that it is constructing in Texas and Ohio. Connecticut-headquartered Avangrid said that the two solar energy projects will cumulatively generate 523.5 MW of clean and affordable power for these states. Avangrid is a […] Read more
India Adds Just 487 MW of Solar Capacity in February 2023 Updated On Thu, Mar 16th, 2023 by Saurenergy As per the latest figures of installed capacity of renewable energy released by the CEA (Central Electricity Authority), India’s solar capacity rose to a little over 64380 MW as on February 28, 2023. In January 2023, the total solar power capacity stood at a little more than 63893 MW. Thus, over the span of a […] Read more
Europe’s Solar Energy Surge: A Promising Solution Or Just A Palliative? Updated On Thu, Mar 16th, 2023 by Saurenergy Europe is in the middle of its biggest ever solar build out currently, as it seeks to build more solar capacity for every reason from more energy security to clean energy. But can solar deliver for Europe? Is it the panacea to energy security in the long term? Or is it doomed to over promise […] Read more
SJVN & Indian Oil to Form JV for Renewable Energy Projects Updated On Thu, Mar 16th, 2023 by Saurenergy CPSU SJVN and Indian Oil Corporation have inked an agreement to form a joint venture for renewable energy projects. This was revealed by SJVN Chairman & Managing Director Nand Lal Sharma while adding that both SJVN and IOCL will employ their core strength for project development. The new firm will look into the development of […] Read more
SOLARCYCLE Raises $30 Million for Advanced Recycling Updated On Thu, Mar 16th, 2023 by Saurenergy Texas-based recycling start-up SOLARCYCLE that produces sustainable materials at scale for the solar industry, has raised $30 million in Series A funding. Now the total funding stands at $37 million since its inception a year ago. SOLARCYCLE said that the funds, consisting of both company equity and infrastructure financing, will be used to scale its […] Read more
EDF Renewables Shares Plan for 80 MW Wind Project in Ireland Updated On Wed, Mar 15th, 2023 by Saurenergy EDF Renewables, a a wholly-owned subsidiary of French utility Group, EDF, has shared its plan for the proposed 80 MW Kilsallagh wind farm project, which is to be established in Ireland. The project will entail 13 turbines and their tip heights will be up to 200 metres. Once the project ge a go-ahead permission, a […] Read more
Navitas Solar Ropes in Hiten Parekh as Chief Business Officer Updated On Wed, Mar 15th, 2023 by Saurenergy In what the firm is terming a long-term strategic move, Surat-based solar module manufacturing company, Navitas Solar has onboarded Hiten Parekh as its Chief Business Officer. Parekh professional experience includes 24 years spent in both India and abroad in various industries. He has ten years of industry experience in the solar sector. He brings to […] Read more
Global Solar Developer Lightsource BP Marks Entry into German Market Updated On Wed, Mar 15th, 2023 by Saurenergy Global solar developer Lightsource BP has put a new local team in place in Berlin. With this, the solar developer has forayed into the German market. With its entry into Germany, the firm has expanded its European presence to ten countries. Germany has set itself the ambition of 215 GW of solar by 2030. Currently, […] Read more
